Cards Get $16M To Begin Ballpark Village Next Phase ISC Plans $178M Phoenix Int'l Raceway Upgrade Raiders' Davis Not Involved In Oakland Talks Facility Notes Details Emerge On Oakland Plan For Raiders Concerns Raised About DC United's New Stadium Orlando City SC Submits Plan For Stadium Signage Court Rules With Warriors On Arena Issue Facility Notes St. Louis Groups Joining Forces On MLS?
BABY STEPS: TWO MAJOR AGREEMENTS HAVE HOUSTON PARK CLOSE
Published December 4, 1997
The Harris County Houston Authority took "two major steps" Wednesday toward ensuring that the cost of a new downtown ballpark will not exceed $250M, according to John Williams of the HOUSTON CHRONICLE. The authority "unanimously approved" a contract for "up to" $17.85M with K.C-based architects HOK and others to design the retractable roof stadium. The authority also unanimously approved a "tentative" deal with Houston-based Brown & Root to build the park for "no more than" $229.5M, with the firm and the authority to "share any savings equally." Brown & Root will get a "guaranteed" $7.5M to manage construction of the facility and, "in return, will guarantee any cost overruns." A final contract with Brown & Root is "likely to be approved" by December 15 (HOUSTON CHRONICLE, 12/4).